Solana (soil) is showing signs of potential break On the 15 -minute board, while the price of the prices contracts in a stricter range. This volatility pressure precedes an important decision, market players awaited confirmation from management. The consolidation phase has formed a recognizable escape structure, with tops and lows converging, suggesting that the pressure is built below the surface.
Rupture structure taking shape on the lower time
According to Andrew Davis job On X, Solana has experienced a briefly net sale pushed the price Below $ 142. However, the cryptocurrency quickly rebounded, demonstrating a strong interest in purchase and resilience.
Sol has risen above the $ 150 mark, showing signs of strength and momentum. This recovery suggests that the market absorbs the sales pressure. If this upward dynamic continues, Sol could be ready for new gains.
Crypto Gemxbt analyst note That Solana has a triangle motif descending on the one hour graphic, which is generally considered as a lowering continuation signal. A descending triangle model has formed because the price creates lower peaks while holding a relatively flat support area at $ 145, a key level that has been defended several times.
Despite the generally lower structure, the graph has shown a rebound on this support, suggesting a temporary reversal. Uplining, resistance almost $ 155 remains a crucial obstacle.
For soil to confirm a sustained reversal, he would need an escape above this level, potentially report a change in market feeling. Support more the idea of ​​a potential reversal, Technical indicators reflect Occurrence conditions, who suggest that the sales pressure can be exhausted, increasing the probability of short -term recovery.
Giottus Crypto Exchange also common Insistence on the Structure of Solana Price, identifying a harmonic Haussier shark model emerging on the 4 -hour table. He analyzes this point D of the shark model aligned with the extension of fibonacci of 1.618 BC, landing at the level of $ 147.
This area is considered an area of ​​potential reversal. The presence of this harmonic model to a critical extension, combined with prices' action, indicates that a bullish reversal could be in progress. If the model is valid, the upward targets are projected in the range of $ 180 to $ 190.
Solana tests resistance to the hold in the form of a breaks of bulls
The upward movement expected of soil seems very likely. Whales_crypto_Trading also outline That Solana shows signs of a break when approaching the upper limit of a widening corner formation on the 4 -hour table. A pattern characterized by divergent trend lines often indicates an increase in volatility And uncertainty, but also tends to precede an explosive price action once an escape occurs.
Sol consolidates under the resistance of the area, with the tightening of prices and the volume starting to show signs of construction, which could trigger a wave From Élan bruise to targets at $ 215, $ 228, $ 243 and $ 265.
Adobe Stock star image, tradingView.com graphic
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